This text of Minnesota § 469.119 (LOAN APPLICATION REQUIREMENTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Subdivision 1.Application contents.
Prior to the loaning of any funds for a redevelopment project in a redevelopment area the local agency shall receive from the applicant and, in the case of department participation, shall forward to the state agency a loan application. The application shall be in the form adopted by the local agency, and shall contain among other things the following information:
(1)a general description of the redevelopment project and of the industrial, recreational, commercial, or manufacturing enterprise for which the project has been or is to be established;
(2)a legal description of all real estate necessary for the project;
(3)plans and other documents as may be required to show the type, structure, and general character of the redevelopment project;
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Subdivision 1.Application contents.
Prior to the loaning of any funds for a redevelopment project in a redevelopment area the local agency shall receive from the applicant and, in the case of department participation, shall forward to the state agency a loan application. The application shall be in the form adopted by the local agency, and shall contain among other things the following information:
(1) a general description of the redevelopment project and of the industrial, recreational, commercial, or manufacturing enterprise for which the project has been or is to be established;
(2) a legal description of all real estate necessary for the project;
(3) plans and other documents as may be required to show the type, structure, and general character of the redevelopment project;
(4) a general description of the type, classes, and number of employees employed or to be employed in the operation of the redevelopment project; and
(5) cost or estimates of cost of establishing the redevelopment project.
Subd. 2.
[Repealed,1987 c 291 s 244;1987 c 386 art 2 s 24]
Subd. 3.
[Repealed,1987 c 291 s 244;1987 c 386 art 2 s 24]
Subd. 4.
[Repealed,1987 c 291 s 244;1987 c 386 art 2 s 24]